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November 21, 2024  
 
 
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We Needed an SBA 7A Loan in Salt Lake City, Utah and We Got One!

 

 
Loan Census SBA Loan Info

Commercial Loans for Commercial Flexographic Printing

Looking for commercial loans for commercial flexographic printing? The SBA may be the answer. This $250,000 commercial flexographic printing loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Salt Lake City, Utah was able to borrow $250,000 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $125,000 of this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL FLEXOGRAPHIC PRINTING
SALT LAKE CITY, UT 84106

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

323112 - Commercial Flexographic Printing

Loan Approval Date

10/9/2006

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 21 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 21 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $250,000 loan. Remember, anyone can do it... so why not you?

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Accountant's Role in Securing Financing

SBA Banks in Houston, Texas

SBA Lenders in Texas